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How is that calculated? 6 generations is 150 to 180 years. What do these numbers mean? What happens to a family after 3 generations? Is it then slightly up in the bottom 10%? Does it apply to all successors of the first generation? Who then is then after 6 generations the bottom 10%???
What about that one child in the poor family that makes “it” despite the dire outlook? Does it break that map??
Who have stats on my family 5 generations ago to know if where they sit in the national wealth scale of that time? (of a nation that did not even exist back then)
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It is sad that it takes so many generations.
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My parents went to museums with us. We went to summer camps that provided educational activities (fun physics experiments and the like). We got home schooling for learning instruments and our parents were able to help with homework and satisfy our scientific curiosity. And of course we learned the soft skills of how to move in the upper middle class environments, how to approach job interviews and so on.
These aspects help tremendously in striving for a higher education and well paying job. It is also quite interesting to see in my families history, where my parents were the first to get an academic degree, but the grandparents of my parents were already skilled craftsmen, one with 4 master titles in different metal working crafts.
There is only so much the government can do and i’d say that two to three generations are probably the bottom line for how fast it can go on a societal level. In the other countries like Germany there is systemic class discrimination to keep the lower classes low.
It’s time to mean income, not stable living wage.
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If you worked in any larger company as well as looked at some of the people you studied with that somehow made the degree, and somehow got a well paying job even though they are idiots in that field, you should find plenty examples where it is not about trying or merit, but connections and favourable circumstance.
Daddy is in middle management? Well he’ll get his idiot son in a nice paying position. Danny really did not understand what his uni class was about, but he could just learn everything by repetition, while Michael was working night jobs to afford food and could not take all the exams that semester. Maria is really smart and aced in school, but instead of going to Uni in a different city she took a local job because her parents cant take care of themselves anymore and their retirement money barely covers the rent and utilities…
I found it very eye opening when talking with two people from Uni once. The one was talking about his side job. The other one was getting everything payed by her parents, went to travel to very nice places and always prepared well for exams. She then said she also thought about getting a student job so she gets some relevant experience and a foot in the door. We had to explain to her that we dont work for that,but because we have to pay our bills and that it is taking quite a toll on finishing the studies in time.
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Incomes don’t follow a bell curve, so the choice of mean income is a red flag to me. Imagine you had 9 citizens making 100k and one billionaire, the mean is now 100,090k.
Relatedly, being in the bottom 10% doesn’t necessarily mean the same thing in these different countries, in some of them that might not be below the poverty line so it’s comparing apples and oranges.
Or could it be people already at the mean income look down on the poor and tend to choose someone from the mean income and above over someone below when the two people are otherwise equal?
even though opportunities might be equal, family culture has a large role in what happens in practice, for example if your parents have gone to university, you are far more likely to do so also.
It doesn’t even make sense.
I find this data very suspect. Greece is one of the poorer countries in the EU and somehow it takes fewer generations than far more rich countries like France and Germany? The only thing that makes sense is that they mention the mean salary, so Greek wages are so low that you don’t need much to get up into the mean salary range, I guess.
It doesnt matter as much how high your wage is relative to other countries, when i suffices to afford a middle class life in your country.
Germany is particularly bad, because we have a class segregated high school system and the assistance systems to help low income households to get their kids to study at an university are reaching less people and are also insufficient because the rates were not adjusted to inflation. Oh and also thanks to many loopholes in the inheritance tax rich people can inherit without taxation whereas middle class people have to pay taxes. Finally eastern Germany was colonized and sold pennys on the hundred dollar bills to the western German Elites, creating a huge wealth disparity where most people are simply prized out of investing into anything lasting.
So on average, the lineage in the bottom 10% needs 100+ years just to get to average pay? Does this mean the average is moving down or that the peoples wage is moving up?
